Case Study: City of Nixa

The City of Nixa's utility department is a crucial entity that ensures the delivery of essential services to residents and businesses in the community. By prioritizing customer satisfaction and operational excellence, the City of Nixa's utility department strives to enhance the quality of life for all those who call Nixa home. Through their dedication and commitment to service, they work tirelessly to provide seamless and dependable utility services to the residents of Nixa, ensuring that the community thrives and prospers.

About THE CITY OF NIXA

Nestled in Christian County, Missouri, the vibrant community of Nixa boasts a population of around 26,000 residents. Combining small-town charm with modern amenities, Nixa stands out for its dedication to innovation and continuous progress, a commitment that has earned it the prestigious Innovation Award from the Missouri Municipal League in the large city category for an impressive four years in a row. With a blend of tradition and innovation, Nixa continues to set itself apart as a beacon of growth and development in the heart of Missouri.

About nIXA'S Partnership with Evergy Energy Partners

The City of Nixa partnered with EEP in June of 2020 to transition from a full-requirements customer to exploring SPP market opportunities. This strategic move aims for cost savings and increased autonomy in energy procurement, aligning with Nixa's commitment to innovation and progress for thriving and prosperous utility services.

• Cost Savings: Reduce costs by capitalizing on advantageous market conditions.
• Market Opportunities: Purchase capacity and energy in the Southwest Power Pool market for favorable pricing.
• Increased Autonomy: Enhance flexibility and empower decision-making in energy procurement processes.

“We are thankful for the continued partnership with EEP. Through EEP’s careful research and evaluation of the most economical sources of power and innovative uses of technology, we are better able to secure our entire membership’s cost of power.” - Kevin Wood, Executive Vice-President and CEO, People's Electric Cooperative

Our Goal: To partner and provide strategic guidance to the city of nixa, enhancing their portfolio optimization

Collaborating with the City of Nixa, we worked together to find a tailored solution to their challenge:

• Offered a Seamless Transition: Advised through the transition of being a full-requirements customer to an active participant in the market.
• Tailored Energy Procurement Solution: Developed a diversified portfolio specifically designed for Nixa's consumption patterns and risk tolerance preferences.
• Real-time Market Monitoring: Provided continuous market analysis and proactive adjustments to optimize energy purchases and capitalize on favorable pricing opportunities.
• Risk Management Strategies: Utilized a combination of market expertise and strategic hedging techniques to protect against potential price fluctuations and market volatility.
• One-on-One Account Support: Assigned a market expert to serve as Nixa's single point of contact, offering ongoing support and strategic guidance around the clock.

Highlights:

Through EEP's expertise and collaborative approach, the City of Nixa achieved impactful results:

• Diversification: By diversifying its energy portfolio and employing strategic procurement strategies, the City of Nixa significantly lowered its energy costs.
• Enhanced Market Resilience: Proactive risk management measures protected the City of Nixa from price volatility and unforeseen market fluctuations, promoting financial stability.
• Increased Transparency: Enhanced visibility into their rate structures based on existing contracts, coupled with real-time market monitoring and personalized reports, empowered the City of Nixa with valuable insights to make informed decisions.
• Strengthened Partnership: EEP has fostered a trusted partnership with the City of Nixa, building mutual trust and open communication.
  
  

Conclusion

Nixa's partnership with EEP has led to significant cost savings and optimized power portfolio. Through tailored strategies focusing on reducing volatility and diversifying energy sources, the city is advancing towards a more sustainable energy future. This collaboration highlights Nixa's commitment to proactive decision-making and excellence. EEP serves as a trusted advisor, guiding partners through a seamless transition to explore new energy market opportunities, ensuring increased autonomy and cost savings. Their dedicated team provides personalized support and strategic guidance, making them the go-to resource for organizations seeking to optimize energy strategies in a dynamic landscape.